
Cheap Homes for Rent in Downtown Buffalo Neighborhood of Buffalo, NY from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Buffalo area of Buffalo.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

72 Tracy St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Downtown Buffalo, Buffalo, NY Local Guide

How much does it cost to rent a home in Downtown Buffalo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Buffalo 2 Bedroom Homes for Rent | $3,275 | $1,500 | $6,000 |
Downtown Buffalo 3 Bedroom Homes for Rent | $3,767 | $3,500 | $4,035 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Buffalo Neighborhood of Buffalo, NY.
Explore Buffalo
Downtown Buffalo, Buffalo, NY Local Guide
- Nearby Buffalo neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Buffalo, NY
As of July 30, 2025 the best value apartment in the Downtown Buffalo area is the $1.53 price per square foot 2 bedroom Model at Cathedral Place in the in the Downtown Buffalo neighborhood starting from $2,300. The second greatest value Downtown Buffalo apartment is the Corp Furnished Unit Model at The Lofts at Elk Terminal starting at $1,895 with a $1.51 price per square foot in the Downtown Buffalo neighborhood. Here is today’s list of the best values for Downtown Buffalo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cathedral Place | 2 bedroom | 2BR,2BA | $1.53 |
The Lofts at Elk Terminal | Corp Furnished Unit | 1BR,1BA | $1.51 |
Seneca One | Three Bedroom | 3BR,2BA | $2.40 |
The Police Apartments | Studio | Studio ,1BA | $1.23 |
Theater Place Apartments | 780 SF | 1BR,1BA | $2.15 |
Vistas at Avant | 1 Bedroom with Premium Corner View | 1BR,1BA | $5.21 |
201 Ellicott | 1 Bedrooms | 1BR,1BA | $2.00 |
130 Pearl | 1 Bedroom 1 Bath | 1BR,1BA | $2.01 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Downtown Buffalo
What type of rentals are currently available in Downtown Buffalo?
There are currently 77 Apartments for Rent in Downtown Buffalo, NY with pricing that ranges from $690 to $5,000. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Buffalo ranging from $1,050 to $6,000.
What is the current price range for Rental Homes in Downtown Buffalo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Buffalo ranges from $1,050 to $6,000 with an average monthly rent of $2,917.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY
Written by: Patrick Ryan
There’s nothing better than living in a college town. The setting is vibrant, the people are happy and there’s always a good time to be had.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.